China leads the world in solar demand, installing 10.6GW of new capacity last year alone. Japan and the U.S. came in second and third with about 9GW and 6.2GW installed respectively. Japan is expected to grow by another 9GW this year, according to Mercom.
While actual installation numbers for 2014 are trickling in, according to Mercom, China solar installation numbers suggest that it missed its goal of 13GW by more than 2 GW.
China also revised its 2013 actual installation figures down from 12.9 GW to 10.95 GW.
The European solar market continued its decline in 2014, primarily in Germany, which failed to reach 2GW of installations, a figure said by Mercom to be similar (1.9GW) in 2015.
The U.K. installed 2.2GW in 2014, although Mercom expects 2.9GW to be installed in the U.K in 2015. With India's installation figures just out, with 883MW for 2014, Mercom said it expected significant growth in 2015, putting a target of 1.8GW on the country.
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